Ahmad Guraidhah

The Project Control and Commercial position is responsible for the financial management and oversight of the company's projects. This includes budgeting, forecasting, and controlling the financial aspects of each project within the portfolio. This involves ensuring commercial and contractual relationships with suppliers and partners are effectively managed. The role also involves overseeing and supervising the company's activities and employees. They are in charge of developing and implementing business strategies and managing all day-to-day operations to guarantee company efficiency.

• Contract Performance Review (CPR)
The Contract Performance Review (CPR) aims to assess the contract’s performance against the
following 10 performance criteria:
1. Aim & Scope, 2. Governance & Compliance, 3. Timeline, 4. Commercial, 5. Quality, 6. Risk, 7.
HSE, 8. Change, 9. Spend, and 10. Handover & Exit.
• Provides independent and objective assurance and advisory services to add value to NEOM,
improving its operations and assisting it in achieving its objectives through a systematic approach
to evaluate and improve the effectiveness of risk management, control, and governance
processes.
• Led the Finance Transformation Program (FTP) health-check review (periodically) and provided
updates to the senior management. The FTP includes; People, Systems review & optimization,
Standardization & structure, Process optimization, Governance Framework, Transaction
processing review, Stakeholder engagement, Project module implementation & improved project
controls, Financial Statements & Audit, and Subsidiary activation plan. Reviewing and validating
a combination of recommendations & observations from various consultant’s reports.
• Led the HY23 Group Balance Sheet Consolidation Audit Review.
• Contributing in establishing and managing a new internal audit function named “Contract
Performance Review”. This is to assess the contracts (construction, services, & consultancies) and
support the organization in monitoring/controlling the value and risks.
• Conduct and complete QAIP 2023 for audit engagements.
• Contribute in the Capital Projects Program related to the Projects Sector.
• Contribute and support in updating the Target Operation Model.
• Alignment with Audit Committee KPI’s as well as the Internal Audit Strategic KPIs.

• Establishing & enhancing the lease process by having governance, policy & procedure and
implementing CRM system.
• Managed daily and weekly leasing plans.
• Established key relationships with potential leasers and investors.
• Created and submitted daily reports on leasing activities.
• Reviewing the lease contracts with the internal stakeholders i.e. Legal & Finance.
Aug 2022 - Feb 2023
• Cooperate with NEOM internal sectors.

Jazan Integrated Gazification and Power Company (a Saudi Aramco Joint Venture)
• Manage the day-to-day banking relationships with JIGPC banks including new and existing
facilities, negotiate all banking services, T&C's, banking services fees etc. and any new credit
facilities
• Develop and manage the cash forecasting process (weekly/monthly) to ensure JIGPC's short
term liquidity/work capital needs and mid/long term interest/loan repayments are properly
managed and controlled.
• Manage and update JIGPC's Financing Plan (with regular forecasts) which detail the sources
(Debt/Equity) and uses of funds (loan principal/interest repayment and dividend policy).
• Manage JIGPC's 3rd party debt portfolio (about $ 12 Billion) to ensure all debt covenants and
obligations as required under the loan agreements are achieved.
• Manage all JIGPC's treasury risk management activities including FX exposures for any foreign
currency payments and interest rate hedging.
• Develop and manage the investment process to ensure any surplus funds are invested to
provide a safe and adequate return to JIGPC.
• Manage the decision-making process and negotiations of JIGPC investments
• Manage the banking authorities, payments signatories, mandates and ensure they comply with
the JIGPC Delegation of Authority matrix.
• Identify cost savings and value creation opportunities from Treasury & Banking perspective.
• Manage and direct the Cashier in the day-to-day duties (including managing the petty cash
process and managing all bank statement reconciliations).
• Undertake and lead any ad hoc financial reviews and analysis.
• Manage JIGPC's insurance policy including selection and tender process and ongoing policy
administration including amendments and renewals. Ensures JIGPC puts in place all the required
insurance coverage to meet external legal insurance requirements and any contractual insurance
obligations defined in the various agreements including lenders. Monitors JIGPC risk
management plan and ensure any appropriate insurance is in place to cover that risk.
• Provided treasury and cash management by overseeing reconciliation of banking activity,
credit card processing and sales tax returns.
• Executed financial due diligence tasks on daily basis to maintain optimal company finances.
• Mitigated risk by implementing internal controls and safeguards for revenues and
expenditures.
• Introduced internal controls to monitor critical areas of financial control and devised corrective
actions to address risks or deficiencies.
• Participate to the development of Treasury/Finance and Investment Management business
plan ensuring alignment with JIGPC strategy
• Involved in developing the operational plan for Treasury and Investment Management
• Implement plans and provide input to enable the achievement of Treasury and Investment
Management ultimate objectives and support overall strategic plans
• Discuss Treasury and Investment Management budgeting requirements
• Ensure effective utilization of Treasury and Investment Management budget and mitigates
financial and operational risks
• Submit cash flow reports highlighting variances and unusual activities to be investigated and
enforce corrective actions
• Review periodical investment performance reports and assess gaps and opportunities to take
corrective and improvement measures and resolve issues
• Manage, guide, mentor and support direct reports in order to execute duties according to set
policies and processes

International Maritime Industries (a Saudi Aramco Joint Venture)
• Instrumental in the initiation and establishment of the treasury team, preparation and
establishing of treasury procedures, negotiating corporate financing and setting up cash
management procedures and channels including e-banking systems.
• Played a pivotal role in implementation of ERP system for efficient management of Treasury
Department.
• Managing the capital structure including debts (SIDF loan by 1 Billion US Dollar and banks
Working Capital Financing Facilities)
• Key Responsibilities:
• Manage and monitor the day-to-day functions and activities of treasury & banking operations.
Manage daily treasury operations and disbursement transactions
• Maintain comprehensive cash flow forecasts for the company, including detailed modeling and
sensitivity analysis
• Maintains and implements financial model and cash flow model. Periodically collates,
consolidates, monitors and reports cash flow current position and forecasts for each workstream
and for IMI
• Manages/monitor liquidity and ensures funds are available to meet short-term and mid-term
business needs
• Supervise treasury and short-term investments (money markets, FX) and manages excess
liquidity and recommends appropriate investments opportunities to balance liquidity with
profitability
• Establishes and oversees the implementation of bank operations policies/procedures
• Licensing knowledge, regulatory requirements, liquidity requirements, capital requirements
Dec 2017 - Jan 2022
• Banking relationships by establishing new relationships/agreements and secure credit facilities
on business needs. Deals with banks and financial institutions with regards to direct borrowing
and manages corporate financing (bond issues, bank loans, credit facility, …etc.), and arranges for
other financial structures (e.g. investment funds and lease financing)
• Champion and manager of Saudi Industrial Development Fund (SIDF) Loan of IMI i.e. 1 Billion
US Dollars
• Ensure corrective actions are provided to mitigate financial risks and monitor the proper
implementation of the corrective actions in coordination with relevant stakeholders
• Reviews agreements/contracts entered into by IMI and defines the required cash flow,
potential financial risk, and financing needs
• Monitors the compliance of treasury function employees to the company's guidelines, policies
and procedures
• Analyze the financial reports (for vendors/customers) to provide both transaction & analytical
information enable appropriate decision making safeguarding the overall benefits for IMI
• Develops adequate policies, procedures and processes for the treasury function to maintain
efficient operational excellence to achieve IMI's overall strategic objectives
• Fully involved with ERP system integration and address issues within the system that serve the
treasury functions
• Insurance & Risk Management: Involved in hiring the insurance broker. In addition to that, fully
involved in negotiations and decision making of selecting the medical insurance service provider
as well as the general & maritime industry insurance policies
• Monitor daily cash management processes, products & services
• Supporting and managing the month end/cash position process
• Managing shareholder's equity injection subject to the business plan and perform multiple
scenarios for equity injection
• Prepare and review board materials for JV and prepare commentary and analysis for board
members
• Monitor for compliance with corporate governance best practices
• Engaging with planning and budgeting control team
• Work with relevant stakeholders within the company to assess cash funding requirements,
including advising on corporate and subsidiary working capital requirements, as well as shortand
long-term capital investment and expansion plans
• Administer company's multi million-dollar credit facilities, including the processing of
payments to/from external parties in relation to such facilities
• Working closely with legal department in reviewing credit facility
agreements/contracts/government documents
• Provide overall direction and guidance to mentor, coach, motivate and challenge teams
providing opportunities for growth and development within the Corporate Finance & Treasury
Advisory

• Achieved to secure the trade finance transaction within 6 months from SABIC Company and its
affiliates.
• Identified potential trading opportunities and coordinated with the Corporate Relationship
Managers to secure incremental sales to generate growth in the trade assets for the bank.
• Ensured the viability of new transactions with deal structuring expertise internally and
externally as per the bank's strategic plans and interests.
• Successfully established Export business in Jubail Industrial City (Export LC's & Discounting) as
per the rules and regulations framed by the governing authorities
• Corporate banking and Trade Finance product knowledge
• Transaction structuring skills in especially trade finance environment using trade finance and FI
products
• Trade Finance product knowledge, Product development experience, and Credit & corporate
banking experience
• Key Responsibilities:
• Responsible for the primary objective of enhancing and promoting bank's Trade Finance
business volumes and revenues of portfolio assigned
• Working with trade partners to expand and grow cross-regional Trade
• Managing and building the Specialized Solution Sales team to expand trade specific origination
across the region
• Work with individuals from across the bank to identify and define target market segments for
products, market requirements, evaluate and identify Risk and provide appropriate mitigation,
and identify key business strategies and the competitive environment for a product under
corporate portfolio
• Analyzed market trends and competitor activities to explore scope for business expansion to
generate growth and achieve the objectives set by the stake holders
• Enhance growth of Trade finance business
• Handled the management of product portfolio building robust business relationship with high
potential customers to explore the possibilities for cross selling of products and services
• Provided strategic inputs to design products that focused on fulfilling the customer needs and
expectations to increase the existing customer base that had a direct impact on the revenue
generation
• Presented the technical and operational aspects of transactions to the stakeholders for further
deliberation and assessment of the overall impact on the organizational profitability
• Identified the scope for introduction of new products to en-cash on the new opportunities
thrown by the market, customer demands and expectations to create a significant impact on the
business turnover
Nov 2015 - Nov 2017
• Conducted reviews to manage the risk factors and implemented checks and balances to
minimize the potential for damage to the interests of the organization adhering to the
organizational policies and the legal protocols
• Partnering with Banking teams in the region to leverage on the Bankers' portfolio and support
them in identifying trade opportunities across their clients
• Coaching and mentoring the specialized trade sales team to up-tier their sales, structuring and
credit skills
• Providing support and direction into "winning" the most complex and profitable transactions
• Fostering a strong "one team" mentality across various Trade product & sales teams seeking to
maximize collaboration, cross-sell & build team spirit
• Building a strong partnership with the Trade Implementation and Operations teams and
constantly seeking ways to improve Trade efficiency, turnaround times and ensuring we minimize
operational losses/errors
• Building strong partnership with the trade risk distribution to help Trade effectively manage its
balance sheet, individual credit exposures and increase skim revenues

• Played a pivotal role in the establishment of regional trade operations within the eastern
province to accomplish the goals and objectives set by the key management.
• Made significant contribution to achieve decentralization of Trade Operation policy &
procedure as per the expectation of the management
• Driving exceptional performance and working closely with the Transaction Banking team to
identify and execute large ticket trade business opportunities
• Identify and create new business opportunities to grow the client base and market share
• Attend trade customer calls, lead the business discussion and design the appropriate
transaction structure
• Discuss pricing proposition, transaction structure and asset distribution strategy with
relationship/risk management and agree on the same with customers
• Prepare deal review materials for structured trade transactions, identify key risks and
mitigation in relation to the trade structure and provide the relevant structuring input for credit
approvals
• Ensured smooth conduct of day-to-day operational transactions including LC's, LG's and Bills of
collection, monitoring the activities of staff members to provide critical guidance for quick
resolution of issues
• Create customer focused presentations, Trade pitch books and enhance bank's ability to
deliver a powerful and compelling trade proposition to its current and targeted trade customers
• Well informed of the market competitive structure, industry practices and regulations in
relation to trade products
• Identified new opportunities to explore the scope for enhancement of business transactions
and achieved the set goals & objectives as per the expectation of the management.
• Acted as a point of contact to coordinate between the customers for trade business and the
concerned departments within the organization to ensure smooth flow of information.
• Planned and implemented Semi-Training programs for Trade Products & LC/LG application for
the internal staff to enhance the overall efficiency of the organization.
• Obtain customer and market feedback on products and competition.
• Introduce new Trade Finance Products and solutions to clients.
• Cross-selling other bank products and refer new business opportunities to other business lines.
• Accounted for achievement of the growth in bank's trade assets and revenues through
strategic implementation of business policies to tap the existing trade opportunities in
coordination with the internal departments.
• Designed and delivered initiatives with stakeholders to continuously improve products and
processes, achieving product excellence for the bank's customers as per the vision and mission of
the organization.
• Managed and monitored the Cash Management Sales including e-Corp, e-Trade, Payroll, POS, &
Cash Pick-Up/Delivery to ensure quality of service to match the expectations of the
management.

• Successfully maintained the submission of trade products applications with Zero referral
transactions for the initial months.
• Played a crucial role in the development of Al-Jubail and northern area business for the
organization as per the expectation of the key management.
• Adept to prepare swift messages in the BESS system to ensure accuracy and adherence to the
set time frame.
• Managed the day to day activities of the organization including handling of customer inquiries
and execution of trade transaction requests catering to the operations within the central region.
• Conducted reviews of Letter of Credit application, financial position (facility lines) and
monitored the work flow of each LC transaction comprising of approximately 80 LC applications
per day.
• Analyzed the risk factors in trade transactions to safeguard the organizational interests as per
the guidelines set by the management and governing authorities.
• Assessed financial statements to highlight variances and implemented remedial processes to
ensure resolution of the gaps in statements and reports.
• Processed local Letter of guarantees, Counter Letter of Guarantees, Correspondence & swift
messages, LC import Settlement, Payment and documents.
Jun 2002 - Mar 2013
• Handled the customer verification processes as per the rules and regulations formulated by the
key management to protect the overall interests of the organization.
• Competent with rules & uniforms of international Trade Finance) UCP600, ISBP 745, URDG
758, ISP98, URR 758, URC 522.

• Associated with the Personnel Department and handled day to day activities of Personnel
department
• Reviewing the payroll
• Recruitment